Supermarket Income REIT (LSE: SUPR) acquires supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term RPI-linked income, from institutional grade tenants and the potential for capital growth through active asset management.
The Company focuses on grocery stores which are omnichannel, i.e. fulfilling both online and in-person sales. All of the Company’s are let to leading UK supermarket operators, diversified by both tenant and geography. Since the Company’s IPO on the London Stock Exchange in July 2017, the Investment Adviser has deployed over £1.2 billion of capital on behalf of the Group into a direct portfolio consisting of 41 supermarket sites and an indirect interest in a further 26 Sainsbury’s supermarkets through a joint venture with British Airways Pension Trustees Limited.
The Company provides investors with attractive, long-dated, secure, inflation-linked, growing income with the potential for capital appreciation over the longer term and targets a 7% to 10% p.a. total shareholder return over the medium term. The Company has increased its dividend target in line with UK RPI inflation each year.
Atrato Capital is the Company’s Investment Adviser.
GROCERY SECTOR STRENGTH UNDERPINS DEMAND FOR MISSION CRITICAL SUPERMARKETS Supermarket Income REIT plc (LSE: SUPR), the UK supermarket real estate …
Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in …
Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in …
ACQUISITION OF A TESCO IN WORCESTER FOR £38.3 MILLION Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust …
DIVIDEND DECLARATION Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery …
Half year Results The Board of Directors of Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing …
| P&L | June 2023 £~000 | June 2022 £~000 |
|---|---|---|
| Gross Rental income | 95,823 | 72,363 |
| Operating Profit/ (Loss) | (133,079) | 123,295 |
| Share of income from JV | 23,232 | 43,031 |
| Profit for the period/ (Loss) | (144,866) | 110,303 |
| BALANCE SHEET | June 2023 £~000 | June 2022 £~000 |
|---|---|---|
| Investment Properties | 1,685,690 | 1,561,590 |
| Cash & cash equivalents | 37,481 | 51,200 |
| Total Assets | 1,933,727 | 1,808,038 |
| Bank borrowings | 605,609 | 348,546 |
| Total liabilities | 716,001 | 375,583 |
| Net assets | 1,217,726 | 1,432,455 |
Investors Chronicle (April 2023): “The best investment trusts for growth and income”
“…Many Reits also pay healthy dividends, although those invested in non-prime assets or shopping centres are at risk of cutting their payout, and investors should always check how well covered the dividends are by cash flow and profits: avoid trusts paying dividends out of their asset base… Supermarket Income Reit (SUPR), which has a solid tenant backdrop plus a lot of indexed rents, returns almost 7 per cent.”
Thisismoney.co.uk (June 2022)
“The shares to rely on in a recession”
IGD Forecasts:
